ALEXANDRIA, Va. – NCUA issued one prohibition order in June. The individual is prohibited from participating in the affairs of any federally insured financial institution.
Issued the prohibition order was Linda D. Landry, a former institution-affiliated party of Southeast Texas Employees Federal Credit Union in Orange, Texas. Landry has agreed and consented to the issuance of a prohibition order and agreed to comply with all of its terms to settle and resolve the NCUA board’s claims against her.
Violation of a prohibition order is a felony offense punishable by imprisonment and a fine of up to $1 million. Prohibition and administrative orders are searchable by name, institution, city, state, and at the NCUA’s Administrative Orders The webpage also provides links to the enforcement actions of federal banking agencies against other institutions or their affiliated parties.